Prime Investment Opportunity in Long Island City. 12-07 40th Ave, is a multi-family property offering a blend of residential and commercial spaces in the Long Island City neighborhood. For cash flow or redevelopment.
Property Overview:
Building Size: 25 38
Lot Size: 25 100
Total of three Apartments (as currently configured potential to make 4)
Ground FloorCommercial Space/office
Large Private Garden
Updated Kitchens and Bathrooms (needs to be finished but looking good)
A spacious and versatile area on the ground floor – for various business ventures ie. restaurant, retail, cosmetologists etc (must change c of o)
Located in an up-and-coming neighborhood that’s on the path of progress.
Long Island City is a dynamic neighborhood with easy access to Manhattan.
This property presents a unique opportunity for investors seeking both residential and commercial income streams. Could also be considered for complete redevelopment opportunity into multiple apartments. Contact us today to schedule a viewing of this property.
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